Decoding 9 Analyst Evaluations For Under Armour
Portfolio Pulse from Benzinga Insights
In the past three months, 9 analysts have rated Under Armour (NYSE:UAA), with a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 10.38% to $8.83. Analysts have raised their ratings and price targets, reflecting a positive outlook despite Under Armour's financial challenges, such as declining revenue and low profitability metrics.
October 24, 2024 | 6:01 pm
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Under Armour has received mixed analyst ratings, with a recent positive shift in price targets. The average 12-month price target increased by 10.38% to $8.83, indicating a more optimistic outlook despite financial challenges like declining revenue and low profitability.
The increase in average price target and the raising of ratings by several analysts suggest a positive short-term outlook for Under Armour's stock. Despite financial challenges, the market sentiment appears to be improving, which could lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100